Blogs

The choice to return jobs to the U.S. makes sense for certain industries, but not for others. In some cases, businesses are reshoring only certain portions of their manufacturing. The pros and cons that must be taken into consideration are immense. One of the most enticing options for owners and executives that want to curb the negative effects of inflation and an injured supply chain is reshoring. This is because inflationary pressures and constant supply chain disruptions have presented business executives around the world with challenges that pose a risk to any notion of consistent growth...

Every business owner’s story is unique, yet many will reach a point where they ask the same question – how can I help my business grow? Sometimes the answer to that question is a loan, and knowing ahead of time what lenders will look for can help you simplify the process and secure financing faster. A business loan or line of credit could enable you to take on larger projects and manage business growth, while maintaining positive cash flow. Bankers want to know your plans for financing, followed by what your aspirations are for growing your business. Bankers also consider the “Five C’s,” which...

This business was just a budding idea driven by the passion of wanting to help people communicate stories of love, sorrow and everything in between through the language of flowers. A vision to revolutionize the flower-buying experience and to put meaning and significance back into what had become a mostly commoditized experience, was born. “When the pandemic hit and so many others were waiting and didn’t have a resource for Paycheck Protection Program loans, that didn’t happen to us. We had a resource and were treated with the same respect as a big company.” Owner, Floral Company Our banking...

Skyrocketing inflation without a clear end in sight has businesses and consumers rethinking their financial strategies for 2022. Now is the time to not only secure your business prospects for the coming months but also to inflation-proof your operations for future spikes. With strategic changes and precautions, you could make 2022 more profitable than pre-Covid returns—inflation or not! Jump To... Causes of inflation | Covid-19 pandemic | Financial health evaluation | Operating profit margin | Shareholder profitability assessment | 2022 financial strategy | RPA (robotic process automation) |...

There’s never been a more challenging time for food inventory management than the period we’re in now. With an increased focus on health and traceability, customers now want to know your supplier and your supplier’s supplier. As inflation, supply chain issues, and labor shortages continue to drive up the cost of food—especially fresh produce—business leaders must consider every avenue to strengthen their supply chains. As the country continues to move beyond the tumultuous two-and-a-half-year pandemic, many lingering issues still hinder our return to normalcy. American business leaders of all...